TMCnet News
Stock Hunter Has Breaking News!! Check This Alert Out!! ECOF "ECO2 Forests Projects Receives Vanuatu Government Approval":: Sign Up Today!!(M2 PressWIRE Via Acquire Media NewsEdge) Stock Hunter PRESENTS : (PINKSHEETS: ECOF) Eco2 Forests Inc., (PINKSHEETS: SHMN) SOHM, Inc., (PINKSHEETS: BLDV) Blue Diamond Ventures, Inc., (OTCBB: TCCO) Technical Communications Corp. (PINKSHEETS: AVNY) Avensys Corp., (PINKSHEETS: OWVI) One World Ventures, Inc. www.Stockhunter.us To sign up for our free Profiles & Alerts :: visit http://www.StockHunter.us email us!! [email protected] ------------------------------------------------------------------------------------------------------------------------------------------------------------ (PINKSHEETS: ECOF - Eco2 Forests Inc.) LATEST NEWS!! ECO2 Forests Projects Receives Vanuatu Government Approval SACRAMENTO, CA and QUEENSLAND, AUSTRALIA, Feb 09, 2010 -- ECO2 Forests Inc. (PINKSHEETS: ECOF), is pleased to announce that is has received Government approval from the Vanuatu Investment Promotion Authority (VIPA) to conduct their Reforestation Project on the island of Malakula. Approval from VIPA, the national government authority, officially recognizes that the ECO2 Forests Malakula project meets the criteria set by the Government that the project is of benefit to the people and environment of Vanuatu and is compliant with all regulations. The VIPA approval and support expressed by the Malampa Council for ECO2 Forests now allows for the Environmental Impact Assessment (EIA), the final step in the planning and approval process, to be completed. The Government of Vanuatu stipulates that all foreign companies wishing to trade, work or establish any sort of enterprise in Vanuatu apply for and receive VIPA approval. Central to the approval process, VIPA assesses the benefit and impact the project has with the environment and the growth of Vanuatu and its people, including the employment it will create. ECO2 Forests intends to create in excess of 300 full time jobs, sourced from the local community on Malakula, an island currently limited in employment opportunities. These permanent positions are forecast to expand as the project grows and is planned to continue over multiple generations. ECO2 Forests intends to deliver world class education in sustainable forestry and forest preservation to entire families and communities in Vanuatu. In the approval letter from the VIPA Board, dated 15th January 2010, it was noted "that these forests remove large amounts of Carbon Dioxide from the atmosphere and are a significant contributor to the mitigation of global warming." "In November 2009, we visited with representatives of the National Advisory Committee on Climate Change, the then Minister of Agriculture and senior representatives of the Malampa Provincial Council, where positive discussions focussed on future opportunities of working with the local communities. These meetings attended by ECO2 executives were centered on ensuring positive economic, environmental, educational and employment outcomes for Vanuatu and its communities, which is specifically consistent with our own E4 Philosophy," Chief Operating Officer Ray Smith said. "In addition to the approval of the Vanuatu Investment Promotion Authority, we have presented the project to the full provincial council and custom land owners and they indicated in writing their support for the project. Project information has also been supplied to other government officials interested in supporting the project," added Smith. "The approval and support of the government and provincial counsel recognizes the long-term positive social, economic and environmental impact that the ECO2 Forests project will have for Vanuatu." "Infrastructure developments and upgrades for the local community will aim to provide improved access and facilities. Incorporating cultural aesthetics in all design and development will enable communities to maintain their traditions and way of life," ECO2 Founder Martin Tindall commented. The Malakula Reforestation Project is intended to provide environmental benefits for the entire country and the world through the sequestration of over 7 million tons of carbon dioxide from the atmosphere in every seven year harvest cycle. The sustainable nature of the reforestation project will also negate the need to log old growth and rain forests in Vanuatu, preserving the natural beauty of the Vanuatu islands for generations to come. About ECO2 Forests Inc. ECO2 Forests Inc. (PINKSHEETS: ECOF) is an international sustainable forestation company focused on reforestation of previously damaged and deforested land and the saving of existing threatened forests through sustainable reforestation, afforestation and avoided deforestation projects for the generation and sale of carbon credits and a sustainable timber to global markets. Headquartered in Sacramento, California, the Company has adopted an 'E4 Philosophy' to achieve positive Environmental, Economic, Employment and Educational outcomes through its reforestation projects. For more information please visit www.eco2forests.com. ------------------------------------------------------------------------------------------------------------------------------------------------------------ (PINKSHEETS: SHMN - SOHM, Inc.) LATEST NEWS!! SOHM India Enters High Growth Multi-Vitamin and Antioxidant Product Segment With Distribution in India and Emerging Target Markets Product Line Diversification and Distribution Into High Growth Niche Market a Priority for SOHM BUENA PARK, CA, Feb 08, 2010 -- SOHM, Inc. (PINKSHEETS: SHMN), a generic pharmaceutical manufacturer that produces and markets generic drugs covering all major treatment categories, announced today that the Company has entered the multi-vitamin and antioxidant product segment in India and emerging target markets. The India market alone is estimated to be around $300 Million USD with a growth rate of 12 - 15 percent. The trend towards preventive healthcare in India makes diversifying into the production of nutraceuticals such as multi-vitamins and antioxidants a priority high growth market segment for SOHM. Growth vectors for SOHM product lines in India and emerging target markets include the aging population, changing lifestyle, increasing medical costs, higher spending power, awareness of preventive medicine, and increasing malnutrition led diseases. SOHM has a competitive edge through the Company's branding, pricing, promotional activities and distribution partners. "As people in emerging markets such as India become more health-conscious they start to realize the need for dietary supplements to help them cope with the fast-changing pace of life," stated Shailesh Shah, Vice President for Corporate Strategy at SOHM, Inc. "Western work ethic and eating habits have put people at the risk of diabetes, cholesterol, heart ailments, arthritis and other ailments. The wide range of SOHM nutraceutical products including multi-vitamins and antioxidants help to reduce the risk of chronic disease and many people in India and emerging markets are realizing the benefits of prevention for the treatment of disease." About SOHM, Inc. SOHM, Inc. is a generic pharmaceutical manufacturer that produces and markets generic drugs covering all major treatment categories. Global headquarters is located in North America with manufacturing sites in India. Generic pharmaceuticals are exported globally with a focus on distribution in emerging markets in Africa, Latin America, and Southeast Asia. www.sohm.com ------------------------------------------------------------------------------------------------------------------------------------------------------------ (PINKSHEETS: BLDV - Blue Diamond Ventures, Inc.) LATEST NEWS!! Blue Diamond Ventures Identifies Key Funding Sources and Energy Markets in California for Huerfano Wind Energy Project HOUSTON, TX, Feb 08, 2010 -- Blue Diamond Ventures, Inc. (PINKSHEETS: BLDV) -- Blue Diamond Ventures, through its affiliate Blue Diamond Renewables, LLC, has identified key next-level funding sources for its interest of the proposed 198-megawatt wind project, plus 68 miles of transmission line in Huerfano County, Colorado. Last year, wind study results for the joint venture's Huerfano Project -- proposed on more than 8,000 acres -- came back highly favorable -- with wind speeds representing some of the best in Colorado. The data for the project is available at: http://www.engr.colostate.edu/ALP/ALP_62_Sheep_Mountain.htm. "We have essentially taken a project from being a good business plan and strategically moved it toward actualization and implementation, which is not easy," said Blue Diamond CEO John Quincey Moaning. "Bringing inherent value is paramount when you are seeking next-level financing." To date, Blue Diamond Renewables, LLC, has been the principal funding source for the proposed $420 million project in Southern Colorado, financing the wind studies analyzed by Karbon Zero, LLC, interconnection feasibility and site studies for GI-2008-6 interconnection request with the Public Service Company of Colorado, and PSCo generation interconnection request (GI 2008-6) for 198 MW intertie, thus, securing the current #1 queue position at San Luis Valley Substation. Along with identifying key markets in California to sell the power, Blue Diamond Ventures has also covered costs for legal services, consultants and other fee requirements. Moaning further added, "If America's economy is to recover and sustain, our business model must be developed around energy. This will require, in most cases, unpopular leadership, focus, determination and the bold resolve to bring America into the 21st Century -- despite them kicking and screaming." Blue Diamond said it is also proceeding with its proposed renewable energy projects in the Caribbean and Africa. About Blue Diamond Ventures, Inc.: Blue Diamond Ventures, Inc. is an agricultural company, and through its affiliate, Blue Diamond Ventures Biofuels, LLC, conducts business as a biofuels company with operations in the U.S. and future endeavors in the Caribbean and Africa. ------------------------------------------------------------------------------------------------------------------------------------------------------------ (OTCBB: TCCO - Technical Communications Corp.) LATEST NEWS!! Technical Communications Corporation Reports Results for the First Fiscal Quarter Ended December 26, 2009 CONCORD, Mass., Feb 05, 2010 -- Technical Communications Corporation (OTCBB: TCCO) today announced its results for the fiscal quarter ended December 26, 2009. For the first quarter of the Company's 2010 fiscal year, the Company reported net income of $2,356,000, or $1.62 per share, on revenue of $4,764,000, as compared to net income of $206,000, or $0.14 per share, on revenue of $1,844,000 for the quarter ended December 27, 2008. Included in net income for each of the quarters ended December 26, 2009 and December 27, 2008 is $(19,000), or ($0.01) per share, respectively, in stock-based compensation expense. Commenting on corporate performance, Mr. Carl H. Guild, Jr., President and Chief Executive Officer of TCC said, "We are very pleased with the revenue and income performance for this quarter which has been driven by the sizable deliveries on orders from the U.S. Government Foreign Military Sales (FMS) Program received in fiscal 2008. As we have reported previously, TCC has been successful in expanding our presence in the military communications network markets through modification and adaptation of our products to meet emerging customer requirements. These requirements take a substantial amount of time to develop and market but, when successful, provide a path to long term sales. We expect the balance of deliveries on these orders, approximately $600,000, to continue into fiscal 2011. TCC continues to pursue additional equipment orders for newly developed product variants that will further expand the performance of the deployed systems. Under contracts received through the FMS system, our backlog ($9,000,000 as of December 26, 2009) contains orders for DSD72A-SP Bulk Encryptors destined for Taiwan and DSP9000 Radio Encryption equipment to be deployed in Afghanistan. TCC anticipates making shipments on these contracts largely in fiscal 2010 and early 2011. Shipments in the second quarter of fiscal 2010 are expected to remain strong although somewhat lower than our first quarter, and we expect that shipments over the remainder of the year will slow down as compared to the first half based on the current backlog and delivery requirements." Mr. Guild continued, "TCC is in the later stages of development of our next generation of high performance frame sensitive encryptors capable of operating at high efficiency and at speeds of 655mbs, in a wide range of environments and applications. We expect to introduce this product line in late 2010 and anticipate conducting demonstration trials with certain customers. The new encryptor product family will be capable of being tailored to meet unique customer requirements, algorithms, key and device management features and network interfaces, both optical and electrical." "TCC and its employees remain committed to providing high quality communications security equipment and service to our world-wide customer base. This commitment allows us to expand our business with both current and new customers as their requirements for communications security grow." About Technical Communications Corporation TCC designs, manufactures, and supports superior grade secure communications systems that protect highly sensitive information transmitted over a wide range of data, voice and fax networks. TCC's security solutions protect information privacy on every continent in over 110 countries. Government agencies, militaries, financial institutions, telecommunications carriers and multinational corporations worldwide rely on TCC to protect their communications networks. ------------------------------------------------------------------------------------------------------------------------------------------------------------ (PINKSHEETS: AVNY - Avensys Corp.) LATEST NEWS!! Avensys Corporation Announces Closing of Sale of its Sole Operating Subsidiary Avensys Inc. To Join With 3S Photonics, A World-Leading French Photonics Manufacturer MONTREAL, Feb 08, 2010 -- Avensys Corporation (Pink Sheets: AVNY) today announced the closing of the sale of its Canadian operating subsidiary, Avensys Inc., to 3S Photonics. Details pertaining to the sale of Avensys Inc. to 3S Photonics were originally announced on December 17, 2009. The sale was approved by the requisite majority of shareholders at a special meeting of shareholders held today in Montreal. The shareholders further approved the name change of Avensys Corporation to Manaris (2010) Corporation. The acquisition of shares of Avensys Inc. and its participation in ITF Laboratories Inc., by 3S Photonics is expected to result in a business, operating in both North America and Europe, with exceptional product synergies and a significantly greater ability to expand product lines and services beyond current capabilities. About Manaris (2010) Corporation Manaris (2010) is a non-reporting public company which trades on Pink Sheets under the ticker symbol AVNY.PK. ------------------------------------------------------------------------------------------------------------------------------------------------------------ (PINKSHEETS: OWVI - One World Ventures, Inc.) LATEST NEWS!! One World Ventures, Inc. Schedules Release of Financials LAS VEGAS, NV, Feb 08, 2010 -- One World Ventures, Inc. (PINKSHEETS: OWVI) announced it will release financial results for its fiscal year 2009 after Market close on February 11, 2010. The Company will post gross revenue increase of 32% in the fourth quarter 2009 over third quarter. Same year net quarterly profit for the fourth quarter increased by 21% over third quarter. The company will post a net profit for 2009. "We had an incredible year of expansion and are thrilled to show a net profit for the year while still in the development stages of our core business segments," CEO of One World Ventures, Inc. Stephen Prior commented. "We expect dramatic increases in revenue during the 1st quarter of 2010 as we will begin to realize income from the acquisition of Inter Solar Tech, open up 1 World Cash locations and as One World Ventures begins firing on all cylinders in all of its business segments." "Looking ahead, as we reach significant milestones, we expect revenue in the range of $8 million to $10 million in 2010," Prior said. "We are very excited to deliver shareholder value in 2010." About One World Ventures, Inc. One World Ventures, Inc. is a company with management resourced in Asia and the United States that invests in technologies, communities and systems that facilitate trade, finance, communication and travel across international boundaries, cultures and languages. One World Ventures businesses include the financial services 1World Card and 1 World Cash, the alternative energy Inter Solar Tech, (HK), Ltd. and the manufacturing and trading business Tutamen (HK), Ltd. ------------------------------------------------------------------------------------------------------------------------------------------------------------ About StockHunter.us StockHunter.us is a website that profiles stocks of interest. We are not licensed brokers or financial consultants. The information here is believed to be reliable, but not guaranteed to be accurate by StockHunter.us. Please be advised that the information contained may or may not be complete and is solely for informational purposes only. This is not to be construed as an offer to sell, hold or the solicitation of an offer to buy. Investors are encouraged to seek opinions by their registered brokers or financial advisors after extensive due diligence is performed. ((Comments on this story may be sent to [email protected])) (c) 2010 M2 COMMUNICATIONS |